#FTSE #JAPAN When we previously reviewed Centrica, we made fun of the fact the owner of British Gas refer to themselves as an Electrical Service Company. Nowadays, their website trumpets Centrica Plc is an “international Energy and Services Company”, indicating their website folk have figured out what they actually do! Otherwise, the website manages to embrace the current Green hysteria with considerable effort being made to ensure they appear “on message” to those with a political agenda.
We’ve a bit of a personal horror going on at the antics of corporate bodies, due to currently being submerged in a book examining the science and data obscured by climate politics and posturing… It starts to appear, similar to politics, the green industry is now packed with folk who’re mainly interested in the level of pay available, rather than pay attention to any facts.
However, despite a kneejerk dislike of the homage paid to “Green” by Centrica PLC on their website, we cannot ignore recent price movements for LSE:CNA, especially as the share price – by a tiny amount – has managed to close a session above the downtrend since 2023. We suspect this may prove significant, due to the adherence to this trend shown over the years as a situation has been created where some positive movement on the price is possible. Unfortunately, due to Centrica’s historical parsimonious movements, nothing particularly spectacular is anticipated. For instance, our software indicates the BLUE line on the chart is currently at 129.694p and we’re raising an eyebrow, because the company share closed 3rd December at 130p, above the line by a tiny amount. We think this may prove important, simply due to Centrica’s usually small share price advances or reversals.
The immediate situation suggests now above 132p should trigger a cycle to 146p and visually, some hesitation. Our longer term secondary calculates at a more useful eventual 172p. Perhaps this is all a bit of a stretch, due to a share price closure just 0.306 of a penny above the trend.
Our obligatory converse review, we can suggest anything below 125 risks triggering reversal down to an initial 119p with our secondary, if broken, at 108p and a very possible bounce. But due to the share breaking the Blue downtrend, we tend regard this potential with a pinch of salt.
As always, it’s fingers crossed time but Centrica is worth being our next Advent Calendar share.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:00:33PM | BRENT | 7366 | ‘cess | ||||||||
| 11:03:23PM | GOLD | 2642.53 | |||||||||
| 11:06:13PM | FTSE | 8348.8 | 8312 | 8282 | 8246 | 8337 | 8335 | 8384 | 8433 | 8312 | |
| 11:09:23PM | STOX50 | 4878.9 | ‘cess | ||||||||
| 10:43:56PM | GERMANY | 20037 | |||||||||
| 11:46:40PM | US500 | 6055.3 | |||||||||
| 11:50:19PM | DOW | 44785 | ‘cess | ||||||||
| 11:53:54PM | NASDAQ | 21273.6 | |||||||||
| 11:56:56PM | JAPAN | 39190 | 38852 | 38738 | 38512 | 39076 | 39416 | 39469 | 40078 | 39165 | ‘cess |
3/12/2024 FTSE Closed at 8359 points. Change of 0.57%. Total value traded through LSE was: £ 5,224,934,773 a change of 21.03%
2/12/2024 FTSE Closed at 8312 points. Change of 0.3%. Total value traded through LSE was: £ 4,317,215,202 a change of -3.75%
29/11/2024 FTSE Closed at 8287 points. Change of 0.07%. Total value traded through LSE was: £ 4,485,252,544 a change of 30.02%
28/11/2024 FTSE Closed at 8281 points. Change of 0.08%. Total value traded through LSE was: £ 3,449,559,431 a change of -33.99%
27/11/2024 FTSE Closed at 8274 points. Change of 0.19%. Total value traded through LSE was: £ 5,225,979,725 a change of 8.57%
26/11/2024 FTSE Closed at 8258 points. Change of -0.4%. Total value traded through LSE was: £ 4,813,247,138 a change of -58.36%
25/11/2024 FTSE Closed at 8291 points. Change of 0.35%. Total value traded through LSE was: £ 11,560,117,120 a change of 129.48% 
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:AAL Anglo American** **LSE:BARC Barclays** **LSE:EZJ EasyJet** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:NWG Natwest** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **
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Updated charts published on : Anglo American, Barclays, EasyJet, HSBC, British Airways, Intercontinental Hotels Group, Natwest, Scottish Mortgage Investment Trust, Standard Chartered,
LSE:AAL Anglo American. Close Mid-Price: 2571 Percentage Change: + 0.33% Day High: 2593 Day Low: 2559.5
Target met. In the event of Anglo American enjoying further trades beyond ……..
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View Previous Anglo American & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 264.6 Percentage Change: + 0.67% Day High: 268.3 Day Low: 263.35
Target met. In the event of Barclays enjoying further trades beyond 268.3 ……..
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View Previous Barclays & Big Picture ***
LSE:EZJ EasyJet. Close Mid-Price: 564.8 Percentage Change: + 3.29% Day High: 573.2 Day Low: 552
Target met. Further movement against EasyJet ABOVE 573.2 should improve a ……..
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View Previous EasyJet & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 743.7 Percentage Change: + 0.79% Day High: 750.4 Day Low: 742.8
Target met. In the event of HSBC enjoying further trades beyond 750.4, th ……..
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View Previous HSBC & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 264.4 Percentage Change: + 0.99% Day High: 266.4 Day Low: 261.5
Target met. In the event of British Airways enjoying further trades beyo ……..
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View Previous British Airways & Big Picture ***
LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 10005 Percentage Change: + 1.51% Day High: 9998 Day Low: 9862
Target met. Further movement against Intercontinental Hotels Group ABOVE ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 407.7 Percentage Change: + 0.27% Day High: 414.8 Day Low: 406.2
Target met. Continued trades against NWG with a mid-price ABOVE 414.8 sho ……..
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View Previous Natwest & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 970.2 Percentage Change: + 1.08% Day High: 970.8 Day Low: 954.4
Target met. Further movement against Scottish Mortgage Investment Trust A ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:STAN Standard Chartered Close Mid-Price: 965.8 Percentage Change: -1.23% Day High: 995.2 Day Low: 964.2
Target met. Continued trades against STAN with a mid-price ABOVE 995.2 sh ……..
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View Previous Standard Chartered & Big Picture ***